Kontakt.io, a New York-based company providing inpatient journey analytics, has raised $47.5 million in Series C funding.
Investors
The round was led by Growth Equity at Goldman Sachs Asset Management.
Goldman Sachs is a global investment banking, securities, and investment management firm, with over $450 billion in assets. Their investment portfolio covers a wide range of alternatives, from private equity to sustainability. Their Growth Equity division has invested over $13 billion since 2003, concentrating on visionary founders and technology-driven companies across various industries.
Christian Resch, partner at Goldman Sachs, will join Kontakt.io's Board of Directors.
Kontakt.io Use of Funds
The investment will fuel global growth and advancement of its AI-driven IoT platform to optimize hospital operations and resources outside the clinical domain.
About Kontakt.io
Kontakt.io specializes in providing inpatient journey analytics to health systems, enabling the optimization of patient, staff, and resource flows. Kontakt.io optimizes processes and resources by revealing how people move through the indoor space. Using AI, IoT, and RTLS, Kontakt.io helps health systems uncover waste, streamline capacity, improve workflows, and help patients and staff feel seen and valued. Since 2013, Kontakt.io has provided solutions to over 32,000 end users across multiple verticals and deployed over 4 million IoT devices in the field. The company's customers include HCA, the VA, Mercy Health, North East Georgia Health System, Trinity Health, and the NHS.
Funding Details
Company: Kontakt.io
Raised: $47.5M
Round: Series C
Funding Month: April 2024
Lead Investors: Growth Equity at Goldman Sachs Asset Management
Additional Investors:
Company Website: https://kontakt.io/
Software Category: Inpatient Journey Analytics
Source: https://kontakt.io/press-releases/kontakt-io-raises-47-5-million-series-c-funding-from-goldman-sachs-to-fuel-ai-development-and-expansion-into-us-hospitals/